$10,000 Closing Credit*
$995,000
2,814 SqFt
4 Beds
•3 Full Baths
Listing Office: Houlihan Lawrence Inc.
Is New Castle, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, New Castle has remained a Seller's Market.
Key Takeaway
New Castle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Castle, NY
How much do homes in New Castle, NY cost?
Median Sold Price
$1,350,000
$435/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$150,000(+12.5%)
Key Takeaway
Homes in New Castle have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in New Castle was $1,350,000 in November 2024, up 12.5% from last year, and the median price per square foot was $435.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $380K | $467K | +22.9% |
| 2 Bedrooms | $715K | $1.3M | +91.2% |
| 3 Bedrooms | $940K | $999K | +6.3% |
| 4 Bedrooms | $1.4M | $1.4M | +0.7% |
| 5+ Bedrooms | $1.5M | $2.1M | +34.0% |
Summary: New Castle housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.9%, 2 bedroom homes increased by 91.2%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 34%.
Median Sold Price Compared To Nearby Cities
| Bedford | $980K | $1.1M | +19.3% |
| New Castle | $1.2M | $1.3M | +12.5% |
| Chappaqua | $1.3M | $1.4M | +11.2% |
| Mount Kisco | $712K | $720K | +1.1% |
Housing Supply in New Castle, NY
How many homes are available in New Castle, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 58 | -35.6% |
Summary: The New Castle real estate market had 58 homes for sale in November 2024, a 35.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 1 | -75.0% |
| 2 Bedrooms | 15 | 11 | -26.7% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 29 | 15 | -48.3% |
| 5+ Bedrooms | 18 | 9 | -50.0% |
Summary: The New Castle housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 26.7%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 48.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Castle, you could pay more than the asking price. 69.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in New Castle in November 2024, down by 27.8% month-over-month. Of the 13 sold homes, 31% were sold under asking, 0% were sold at asking, and 69% were sold over asking.
Days on Market for New Castle, NY
How long does it take to sell a home in New Castle, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 52 Days | +10.7% |
Summary: Homes in New Castle had an average of 52 days on market in Nov 2024, up by 10.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Castle are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in New Castle; 62% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.